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Pure Capital Thinking is a public service initiative established by Pure Capital Research Limited, the research and development entity which leases intellectual property to Pure Capital Limited. The views expressed in the written content supplied by this website, and in any web links supplied, does not necessarily represent the views held by shareholders, directors and employees of Pure Capital Research Limited and Pure Capital Limited. This website is for informational purposes only and does not constitute an offer or public offering of securities or interests in any Pure Capital Limited fund or program, nor does it constitute a general solicitation, general advertising or direct selling effort on the part of any party associated with Pure Capital Limited including Pure Capital Research Limited. Such an offering can only be made to investors who satisfy relevant investor eligibility criteria via the Disclosure Document of the appropriate Pure Capital Limited managed account offering. An investment with Pure Capital Limited will involve a significant degree of risk, which may potentially include the complete loss of capital, or in certain circumstances e.g. a notionally-funded account, losses greater than the funds invested. Each prospective investor must carefully consider these risks. Past performance is not necessarily indicative of future results.